News about Penang

SETIA ALAM (Sept 25): Eco World Development Group Bhd (EcoWorld) has launched four of its new property developments in the country at a grand launch event at the developer’s head office today.

PENANG (Sept 23): Non-landed residential projects on Penang island have performed better than landed homes on the island in recent years.

PENANG (Sept 23): The legal aspects on the rent control proposal on pre-war buildings in George Town have been approved at the state level, said Penang state exco for Housing and Town & Country Planning Jagdeep Singh Deo.

KUALA LUMPUR (Sept 23): Daya Materials Bhd’s engineering and construction unit has bagged a RM224 million contract to build retail facilities for Aspen Vision City Sdn Bhd in Batu Kawan, Penang.

THINGS have been quiet on the Penang primary property market so far, although the secondary market has seen some activity, albeit slower.

KUALA LUMPUR (Sept 15): Eco World Development Group Bhd president and chief executive officer Datuk Chang Khim Wah (pictured) hopes the upcoming government budget will introduce measures to help homebuyers, especially first-timers, in obtaining end-financing.

KUALA LUMPUR (Sept 15): The signing of the Trans-Pacific Partnership Agreement (TPPA) could be another catalyst for export-oriented Penang to attract investors’ attention to the Pearl of Orient.

PETALING JAYA (Sept 14): Despite being the one of the most expensive housing markets in Malaysia, the Penang government has been making efforts to push affordable housing development for the young working population.

PETALING JAYA (Sept 13): S P Setia is set to launch its Setia Sky Ville condominium in Jelutong, and 3-storey semi-detached houses, the Isle of Palm in its Setia Pearl Island development, both in Penang sometime this month, the company’s general manager of property division north, Ng Han Seong told TheEdgeProperty.

KUALA LUMPUR (Sept 13): VERITAS Design Group is one of the 2016 recipients of “Cityscape Awards Emerging Markets” award under the category of Leisure & Hospitality award (built) for its Sinkeh Hotel project in George Town, Penang by Dubai’s Cityscape Awards Global.